Thursday, February 27, 2014

New Bitcoin Vending Machine in Finland


Helsinki, Finland – From operating as an internet kiosk on Helsinki Central Train Station‚ Deltacom Finland Oy added attraction to their waning kiosk by vending bitcoin.
As smartphones play part in most if not all of the citizens, this may be a saving effort as trail phase commenced in the stations Pasila and the western harbor.
“We are going to sell bitcoins in four automaton about a month. Then‚ it is considered worthwhile to extend to other kiosks‚” says President and CEO Mika Reinikainen. – yle.fi

Bitcoin in Finland is viewed as a commodity. – bloomberg

“Considering the definition of an official currency as set out in law‚ it′s not that. It′s also not a payment instrument‚ because the law stipulates that a payment instrument must have an issuer responsible for its operation‚” Paeivi Heikkinen‚ head of oversight at the Bank of Finland in Helsinki‚ said in a Jan. 16 phone interview. “At this stage it’s more comparable to a commodity.” 

“Finns can enter into agreements on which means of exchange they want to use‚” Heikkinen said. “No one supervises or regulates it‚no one guarantees it and its value has fluctuated hugely. It’s at your own risk.”


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